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Skye Bioscience, Inc.

San Diego, CA
LAST FUNDING
$152.2M
Series B

We are a biopharmaceutical company focused on the development of proprietary cannabinoid derivatives for the treatment of glaucoma and other diseases with significant unmet medical needs. Our innovative approach to drug development combines strong science with the drive to find solutions where the need is the greatest.

Funding history

DateRoundAmountInvestorsSource
Series B$152.2M

About Skye Bioscience, Inc.

How much funding has Skye Bioscience, Inc. raised?

Skye Bioscience, Inc. has raised $152.2M in total funding. The most recent round was Series B.

Where is Skye Bioscience, Inc. headquartered?

Skye Bioscience, Inc. is headquartered in San Diego, CA.

What does Skye Bioscience, Inc. do?

We are a biopharmaceutical company focused on the development of proprietary cannabinoid derivatives for the treatment of glaucoma and other diseases with significant unmet medical needs. Our innovative approach to drug development combines strong science with the drive to find solutions where the need is the greatest.

What problem does Skye Bioscience, Inc. solve?

Current anti-obesity therapeutics still lack differentiated mechanisms to deliver persistent weight loss, improved body composition, and better drug tolerability.

What's Skye Bioscience, Inc.'s solution?

Skye Bioscience develops next-generation drugs that modulate G-protein coupled receptors, led by nimacimab, a peripheral CB1 receptor inhibitor intended to complement existing anti-obesity treatments like GLP-1 drugs.

What makes Skye Bioscience, Inc. different?

Nimacimab is a potentially first-in-class peripheral CB1-inhibiting antibody with limited CNS accumulation in studies to date, a positive Phase 1 safety profile with no neuropsychiatric adverse events, and Phase 2a data showing added weight loss when combined with semaglutide without increased GI issues.

What makes Skye Bioscience, Inc. notable?

Skye Bioscience is led by CEO Punit Dhillon, who previously co-founded and served as CEO of OncoSec Medical, a cancer immunotherapy developer.

Leadership

Kaitlyn Arsenault
Executive Officer
LinkedIn ↗
Punit Dhillon
Executive Officer, Director
LinkedIn ↗
Deborah Charych
Director
Margaret Dalesandro
Director
Paul Grayson
Director
Annalisa Jenkins
Director
Andrew Schwab
Director
Praveen Tyle
Director
Keith Ward
Director
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Free to use in articles, research, and reference works. Stable URL, will not change. Data on this page last updated August 27, 2026.

MLA
"Skye Bioscience, Inc.: Funding & Investors." SoCal.Startups, August 27, 2026, https://socalstartups.io/companies/city/san-diego/healthcare/skye-bioscience-inc. Accessed August 27, 2026.
APA
SoCal.Startups. (2026). Skye Bioscience, Inc.: Funding & Investors. Retrieved August 27, 2026, from https://socalstartups.io/companies/city/san-diego/healthcare/skye-bioscience-inc
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